Brazil Nitrogenous Fertilizer Market Size & Outlook
Brazil nitrogenous fertilizer market, 2018-2030 (US$M)
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Brazil nitrogenous fertilizer market highlights
- The Brazil nitrogenous fertilizer market generated a revenue of USD 4,799.3 million in 2022 and is expected to reach USD 7,603.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, urea was the largest revenue generating product in 2022.
- Ammonia is the most lucrative product segment registering the fastest growth during the forecast period.
Nitrogenous fertilizer market data book summary
| Market revenue in 2022 | USD 4,799.3 million |
| Market revenue in 2030 | USD 7,603.6 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Urea |
| Fastest growing segment | Ammonia |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Urea, Methylene Urea, Ammonium Nitrate, Ammonium Sulfate, Ammonia, Calcium Ammonium Nitrate |
| Key market players worldwide | Nutrien Ltd, The Mosaic Co, Yara International ASA, CF Industries Holdings Inc, ICL Group Ltd, Bunge Global SA, Sasol Ltd, OCI NV, Koch Industries |
Other key industry trends
- In terms of revenue, Brazil accounted for 4.2% of the global nitrogenous fertilizer market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil nitrogenous fertilizer market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 7,603.6 million by 2030.
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Nitrogenous Fertilizer Market Scope
Nitrogenous Fertilizer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil nitrogenous fertilizer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nitrogenous fertilizer market will help companies and investors design strategic landscapes.
Urea was the largest segment with a revenue share of 42.43% in 2022. Horizon Databook has segmented the Brazil nitrogenous fertilizer market based on urea, methylene urea, ammonium nitrate, ammonium sulfate, ammonia, calcium ammonium nitrate covering the revenue growth of each sub-segment from 2018 to 2030.
Agriculture is a significant sector in Brazil as the country has adequate agricultural resources available. It is the one of the largest agricultural exporter in the world and one of the largest producer and exporter of sugar, orange juice, and coffee globally.
Crops majorly grown in the country include coffee, wheat, soybeans, sugarcane, corn, and cocoa. Southern Brazil, which comprises two-thirds of the country, is accountable for the maximum grain and oilseed production of Brazil. Northeast Brazil is dry and as such, is prone to droughts owing to minimal rainfall.
Crops cultivated in this region of the country include cocoa, tropical fruits, etc. Brazil consumes substantial volumes of phosphate and potash owing to its significant soybean production. Of the total land of the country, 33.0% is used for agricultural purposes.
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Our clientele includes a mix of nitrogenous fertilizer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil nitrogenous fertilizer market , including forecasts for subscribers. This country databook contains high-level insights into Brazil nitrogenous fertilizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil nitrogenous fertilizer market size, by product, 2018-2030 (US$M)
Brazil Nitrogenous Fertilizer Market Outlook Share, 2022 & 2030 (US$M)
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